What is Chainlink?
Chainlink is the bridge that interconnects the real world, DeFi and dApps. It is the blockchain where these three worlds meet and communicate with each other. This happens through Oracles, which are third-party services that allow the blockchain to interact with the physical world and record data and information. By tapping into this data, Chainlink sets in motion a chain of smart contracts that work on the Ethereum network, creating a self-sustaining and decentralised operational infrastructure.
Why buy Chainlink ?
Chainlink was devised in 2017 thanks to Sergey Nazarov and Steve Ellis. Its creators’ mission was making interactions between blockchain and off-chain systems safer and more reliable. Thanks to the decentralisation guaranteed by ChainLink, its oracles don’t have a single point of failure, severely decreasing the chance of hacker attacks impairing the whole network. This allows reliability and neutrality of information.
How was it created?
Chainlink was devised in 2017 thanks to Sergey Nazarov and Steve Ellis. Its creators’ mission was making interactions between blockchain and off-chain systems safer and more reliable. Thanks to the decentralisation guaranteed by ChainLink, its oracles don’t have a single point of failure, severely decreasing the chance of hacker attacks impairing the whole network. This allows reliability and neutrality of information.
Stay up to date with the price of Chainlink
Unlimited access to +1000 free content items
Unravel the intricate world of DeFi, NFTs, DApps, Metamask, and more. Whether you're a beginner or an expert, our Academy is your roadmap to navigating the crypto market!
Buy Chainlink in 3 steps on Young Platform
What does the Young Platform do?
Young Platform is the European exchange that blends simplicity with security, already chosen by over 2 million people for buying and selling cryptocurrencies. Backed by significant entities such as Azimut, United Ventures, and Banca Sella, Young Platform eases your entry into the world of cryptocurrencies with a user-friendly interface, easy-to-use trading tools, educational courses, and up-to-date news, all designed to be accessible to everyone. And the best part? It's completely free.
Check out the Top movers
Take a look at the prices of cryptocurrencies that have reached higher volatility in the last 24 hours and catch market trends.
